A loan of $375 helped to buy merchandise for his grocery store.

Alfredo's story

Alfredo has had three loans with Kiva already. They have been to invest in his business and he has repaid them punctually. He's requesting a loan to buy merchandise because he needs a greater variety of products, which his customers are ordering.

Alfredo is from the state of Coahuila but has lived in the city of Nuevo Laredo for more than 50 years. He has made a living in grocery sales for 10 years. He and his wife tend the store because it's his source of income for them. This is why he's requesting the loan and investing in his business. With the profits he'll pay back the loan, because his children help him financially and that income is for the family expenses.

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Translated from Spanish by Kiva volunteer Catharine Wall

Loan details

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Loan details